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This paper develops a small open economy model where entrepreneurs partially finance investment...

The IMF Research Bulletin, a quarterly publication, selectively summarizes research and...

This paper uses the Sjaastad model to estimate the optimal currency area for the Nepalese rupee...

This paper examines the reasons why corruption and policy distortions tend to exhibit a high...

This paper analyzes the decision of a government facing electoral uncertainty to implement...

This paper finds that reforms introduced by the IMF to promote transparency have created more...